The special ‘Muhurat Trading’ session, held every year on the day of Diwali, Both the stock exchanges, Bombay stock Exchange (BSE) and National Stock Exchange (NSE), will conduct a special Muhurat Trading session on account of Diwali on October 19 this year.

The exchange said that the trade would begin at 6:30 pm, which will be preceded by a pre-opening session at 6:15 pm and the trade would last for one hour.

The market start and close timings for each market segment for the muhurat trading is specified below.

Diwali Muhurat Trading Session on Thursday, October 19, 2017

Capital Market

Currency Derivatives

Equity Derivatives

SLBM

Pre-Open Market Open & Close

18:15 – 18: 23 hrs

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–

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Normal Market Open & Close

18:30 – 19:30 hrs

18:30 – 19:30 hrs

18:30 – 19:30 hrs

18:30 – 19:30 hrs

Block Deal Session Open & Close

18:30 – 19:05 hrs

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–

–

Call Auction Illiquid session*

18:35 – 19:20 hrs

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–

–

Set up cut off time for Position Limit / Collateral value

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19:45 hrs

19:45 hrs

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Trade modification

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19:45 hrs

19:45 hrs

–

CP code modification

–

–

–

19:45 hrs

Custodian confirmation

–

–

–

20:15 hrs

Final Obligation to Participants

–

–

–

20:45 hrs

Relevant Circular

Trading on the Diwali day with token orders at a specific Muhurat time is believed to bring prosperity and wealth for the year ahead for traders.

Muhurat trading is the auspicious stock market trading for an hour on Diwali (Deepawali). It is a symbolic and old ritual, that has been retained and observed for ages, by the trading community. As Diwali also marks the beginning of the New Year, it is believed that muhurat trading on this day brings n wealth and prosperity throughout the year.

upcomingipocalendar.com wishes you all a very Happy Diwali & a prosperous New Year!

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This Blog owner & creator is not a research analyst and expressing opinion only as an Investor in Indian equities with his experience.He is not responsible for any loss arising out of any information, post or opinion appearing on this blog. Investors are advised to consult financial consultant before acting on any such information.